Regulators have issued Cease and Desist orders against BitConnect, a suspected Ponzi scheme. In response, BitConnect announced that they’d be ending all lending and trading activity on their platform. The value of the Bitconnect token fell from above $400 to below $6.

Finally, although the Lightning Network is still in testing phase, almost 30 nodes are currently testing the network with real bitcoins. This signals that this highly-anticipated technology will probably be arriving sooner than expected.